Economics, Econometrics and Finance
5 years ago

Diamond exports in Botswana defy resource curse, boost manufacturing and agriculture.

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An empirical test of the Dutch Disease hypothesis on Botswana's main exports
Albert Makochekanwa

Paper Summary

The study tested the idea that when a country's resource exports increase, its other exports decrease, known as the Dutch Disease. Botswana's diamond exports actually boosted exports from manufacturing, mining, and agriculture sectors, going against this prediction.

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